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News For: Uja AnnuitiesWashington Square Financial, LLC Announces Name Change to Imperial Structured Settlements, LLC Washington Square Financial, LLC, a leader in the advance funding of structured settlement payment rights and assignable annuities, announces a name change to Imperial Structured Settlements, LLC. Along with the name change there are exciting developments within the company that will be announced over the upcoming months. As an AIG policyholder, should you stay or go? First, don't panic State insurance regulators are assuring policyholders that the financial problems besetting AIG would not trickle down to the firm���s insurance subsidiaries, but policyholders with high-value annuities and whole-life insurance products still might be worried. U.S. TRIES TO PREVENT ECONOMIC MELTDOWN WASHINGTON -- Some Louisiana members of Congress say they'll need to see more specifics before deciding whether to support an unprecedented government intervention to stabilize the economy, including the purchase of hundreds of billions of dollars worth of risky loans to stabilize banks and restore credit options to homeowners and businesses. Alico's financial position strong and stable The Board of Directors of American International Group, Inc. issued the following statement on September 16th, 2008 in response to the announcement by the Federal Reserve Board that the Federal Reserve Bank of New York is providing a two-year, $85bn secured revolving credit facility to AIG that will ensure the company can meet its liquidity needs. Banks Can't Help AIG. Will Uncle Sam? The big insurer's fate is once again in the hands of the government after strapped banks unable to fund a rescue. AIG Fights For Survival As worries of a collapse grow, the giant insurer pleads for assistance in a meeting at the Federal Reserve Bank of New York. Three reasons why your money is safe FDIC. The Federal Deposit Insurance Corp. protects your accounts up to $100,000 per individual. It also protects your share of joint accounts up to $100,000 each. Additionally, it protects retirement accounts deposited in banks up to $250,000. Link to FDIC rules at terrysavage.com. There is no reason to try to find the "safest" bank, because the FDIC -- although it has relatively limited ... |